# PPP loan: L&L MACHINE INC.
> **$157K** approved 04/08/2020 · Paid in Full · Loan `8521917009`
## Borrower
- **Name:** L&L MACHINE INC.
- **Address:** 2919 CR 2L, EDON, OH, 43518
- **NAICS:** 333515
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $159K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $147K
- **Health care:** $11K
- **Jobs reported:** 14
## Lender
- **Originating:** The Farmers & Merchants State Bank
- **Servicing:** The Farmers & Merchants State Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*